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Singapore cuts 2020 GDP forecast to 1.5% as virus poses recession risk

Feb 17, 2020

On Monday, Singapore revised down its 2020 growth and exports forecasts on account of the economic fallout from the China coronavirus outbreak, suggesting recession risks in the economy, per Reuters.

USD/CHF refreshes yearly top near 0.9825 amid risk reset

Feb 17, 2020

Broad US dollar strength joins the market’s risk reset following Chinese efforts to tame coronavirus impacts.

EUR/USD: Options market turns bearish on EUR

Feb 17, 2020

EUR/USD puts are drawing bids amid the slide in the common currency.

USD/CNH Price Analysis: Weak inside two-week-old descending triangle

Feb 17, 2020

61.8% of Fibonacci retracement can lure sellers below the triangle’s support.

Gold Price Analysis: Probes pennant resistance

Feb 17, 2020

Gold pushed against the top end of the multi-week pennant pattern

AUD/NZD Price Analysis: H&S in the making, consolidation between 1.0390/1.0460 expected

Feb 17, 2020

4-hour Bearish divergence vs daily bullish divergence seen capping immediate bullish longer-term prospects away from the weekly support structure.

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